Calculate Operating Leverage based on the following: Super Foods Emporium 2020 2021 Sales (Net Revenues) $241,500 $265,650 Total variable costs $142,485 $161,008 Total fixed costs $82,330 $82.330 EBIT $16,685 $22,312 Interest Expense $9,400 $9,400 Taxable Income $7,285 $12,912 Taxes (22%) $1,603 $2.841 Net Income $5,682 $10,071 Common Shares Outstanding 150 150 Your calculated answer may vary from the options below by up to 0.03 due to differences in rounding, pick the closest option. Select one: O a. 2.85 Select one: O a. 2.85 O b. 3.40 O c. 1.10 O d. 1.34 O e. 2.26 If you own 2% of Mega Inc. today and tomorrow they announce a 2 for 1 stock split, what is your percent ownership of the firm after the split? Select one: O a. 1% O b. 2% O c. 4% O d. it depends on the original stock price Oe. it depends on how many shares were outstanding before the split Zappos Crop. has prepared the following income statement for its last fiscal year. What is the firm's break- even point for sales revenues? Rounding may make a small difference, pick the closest answer. Sales $3,400,000 Variable costs 1,865,000 Fixed costs 1,200,000 EBIT 335,000 Interest expense 35,000 Earnings before taxes 300,000 Taxes (25%) 75,000 Net income $225,000 Select one: O a. $2,200,000 O b. $3,056,124 O c. $3,065,000 O d. $2,657,980 Based on the data below what is the break-even point in units which must be sold and produced? Average selling price per $19.00 unit Variable cost per unit $15.00 Units sold 375,000 Fixed costs $1,150,000 Interest expense $95,000 Select one: OA. 287,500 OB. 302,865 O C. 425,000 OD. 60,526